Business deals at 95th China Export Commodity Fair hit record

GUANGZHOU, April 30 (Xinhuanet) — Business deals worth 24.51 billion US dollars, a record high, were struck at the 95th China Export Commodity Fair, that drew curtain in Guangzhou, capital of south China’s Guangdong Province, on Friday.
Xu Bing, the spokesperson for the fair, said the volume of transactions at the fair went up 19.6 percent from the previous one, and machinery and electronic products, garments and textiles were the most welcome commodities at the fair.
A total of 159,717 overseas business people from 203 countries and regions visited the fair, up 5.9 percent from the previous fair. Europe, the United States and the Middle East were ranked the top three by business deals done at the fair, said Xu.
China (Guangzhou) Export Commodity Fair, a biannual event held in spring and autumn, is dubbed the “weatherglass” of the country’s foreign trade. The first such fair was held in 1957.
Business deals worth 20.49 billion US dollars were done at the 94th China Export Commodity Fair.
Source: China View

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